Cyber Monday has become “redundant” now, as most consumers choose to shop online, so the shopping period needs a “rebrand” says Styloko.com’s CEO, Shannon Edwards.» Read More
If U.K. consumers continue to keep spending, incentivized by low oil prices, then the Bank of England could hike interest rates sooner than we think, says Jane Foley, senior currency strategist at Rabobank.
At Davos, Sir Mike Rake, President of Confederation of British Industry (CBI) and chairman of BT Group says that the benefits of staying in the European Union outweigh the costs.
European markets closed sharply higher on Friday, cheering the European Central Bank's (ECB) decision to launch a full-scale bond-buying program.
At Davos, André Esteves, CEO of BTG Pactual says that he'd like to see further changes that bring liquidity back.
At Davos, André Esteves, CEO of BTG Pactual, says the global financial systems have improved and they're moving the right direction, with ECB President Mario Draghi doing a good job with quantitative easing.
At Davos, Irakli Garibashvili, Prime Minister of Georgia wants a greater international response to the Ukraine crisis.
In light of the Charlie Hebdo shootings, Frans Timmermans, first Vice President of the European Commission, says the European Union's duty is to assure that all communities "feel at home and safe in Europe".
Discussing the Ukraine crisis, Pavlo Klimkin, minister of foreign affairs in Ukraine, weighs in on why there's no progress with other countries on the Minsk agreement.
At Davos, Chanda Kochhar, CEO of ICICI, says she believes Indian Prime Minister Narendra Modi will deliver in his reforms; with all the policies suggested seeming "growth- and business-friendly."
At Davos, Majid Jafar, CEO of Crescent Petroleum, says Egypt is getting its optimism back, with improvements in its infrastructure, employment and oil and gas space.
European markets rallied on Thursday after the European Central Bank announced a full-scale bond-buying program of 60 billion euros.
Anders Borg, chair of Future Global Financial System Initiative at the World Economic Forum and former Swedish finance minister, says the World Economic Forum helps "facilitate a dialog to get all investors on board," which is especially important to bring people together during this time of "angst."
At the World Economic Forum, Rupert Stadler, chairman of Audi says a falling euro makes the automobile industry easier and talks about how "cool" new technology is in this market.
At the World Economic Forum, Katherine Garrett-Cox, CEO of Alliance Trust and Co-Chair of WEF 2015, says the ECB's move is great for long-term investors.
At Davos, Guy Ryder, secretary general at ILO, talks about why unemployment is still a problem seven years after the global financial crisis.
At Davos, Aivaras Abromavicius, economy minister of Ukraine, says the country wants to use this crisis to "kickstart reforms" and "clean up the house", including tackling economic, corruption and tax issues by 2016.
Will.i.am, artist and entrepreneur, says that Davos is a great opportunity to meet people who can collaborate with other important people on their key ideas.
At Davos, Sir Chris Pissarides, LSE economics professor and 2010's Nobel Prize Laureate, says that with the addition of this money, it will create a "favorable investment environment."
At Davos, Federico Ghizzoni, CEO at Unicredit, reacts to the ECB's announcement on introducing QE, saying it hasn't disappointed the markets and this will have an additional positive impact on his own company and customers.
At Davos, Li Daokui, professor of economics and director at the Center for China in the World Economy at Tsinghua University's School of Economics and Management weighs in on the ECB's announcement of QE and how it affects China.